Box 986, Ft. Collins, CO 80522 (Newsletter; $3 each) (5) "The Most Secret Science", Betsy Ross Press, P.O. 15 Who owns the most land in the world 2021? The board also has a vice chair and, most recently, a vice chair of supervision an informal position that became official after Congress passed the Dodd-Frank Act, regulating banks following the 2008 credit crisis. The FED creates money from nothing, and loans it back to us through banks, and charges interest on our currency. Nearly every major newscaster belongs to the Council on Foreign Relations. In other words, by Congress allowing the constitutionally illegal FED to continue, much of your taxes go to the shareholders of the FED and their bankers. The second-largest holder is China, which owned $870 billion of U.S. debt. Furthermore, it was to be issued debt and interest-free. By the definition of treason, they have committed treason! Learn how the Federal Reserve works, who actually owns it, and how they are held accountable. BEIJING, Feb. 28, 2023 /PRNewswire/ -- The United Nations-supported Principles for Responsible Investment (UNPRI) has recently admitted CCV, an Asian . . (Reference 1, P. 200-214) Adams, Jefferson, and Lincoln believed that banker capitalism was more dangerous to our liberties than standing armies. Interest rates on the benchmark 10-year Treasury note rose from a 200-year low of 1.43% in July 2012 to around 2.17% by the end of 2014 as a result. . New Mexico ranked ninth in the nation in federal land ownership. (Reference 17, P. 96-98) California 9th Circuit Court declared FED banks are private, not government. The Constitution is specific about the authority of the People, through their elected officials, to control the money, and thus, the affairs of their government. Through "creative accounting" profit can easily be reclassified as expense (Reference 14, P. 20, Reference 17, P. 239). The president of the New York bank always votes; the others rotate. Last modified 01/31/23. The individuals listed below owned banks which in turn owned shares in the FED. The chair must report on the Fed's actions to Congress. Erika Rasure is globally-recognized as a leading consumer economics subject matter expert, researcher, and educator. Book Value: The Department of the Treasury records U.S. Government owned gold reserve at the values stated in 31 USC 5116-5117 (statutory rate) which is $42.2222 per Fine Troy Ounce of gold. Lincoln printed debt and interest-free Greenbacks (cash) to finance an entire war. * England lost the Revolutionary War. The bankers employ members of the Congress on weekends (nickname T&T club -out Thursday-in Tuesday) with lucrative salaries (Reference 1, P. 209). Furthermore, the bank had gained interlocking directorates with ABC. Box 986, Ft. Collins, CO 80522 (Book) States attempt to abolish the FED. (it owns 1/3 of . At the July 2021 meeting, the FOMC set a goal of increasing Treasury Department's securities by $80 billion monthly. $11,041,059,957.90. Anyway, 3,949,000 Silver Eagles were sold in January, but only 900,000 in February. During thefinancial crisis of 2008, it created innovative tools to avert a depression. Feb. 22, 2022, update: There are currently four members of the U.S. Federal Reserve Board of Governors: Jerome Powell, Lael Brainard, Michelle Bowman and Christopher J. Waller. Bretton Woods became a boon to the Eight Families. It also prints money (through the U.S. Treasury) and uses this printed money to buy loans from other banks. "The Dodd-Frank Wall Street Reform and Consumer Protection Act: Background and Summary," Page 6. Took office: 2018, appointed by President Trump The American Revolution was a struggle to wrest control of wealth from the Bank of England and to restore the centers of power to the People where it "properly belongs." The media remained silent on how Kennedy would have eliminated the debt and interest payments, and therefore eliminated the FED. Why has Congress allowed the FED to continue? Congressional Research Service. But owning Federal Reserve bank stock is nothing like owning stock in a private company. When the economy grows too rapidly, the Fed hikes interest rates to prevent inflation. Many Congressmen and Presidents say this is fraud (Reference 1,2,3,5,17). It [the banking problem] is the most important subject intelligent persons can investigate and reflect upon. Critics worried that the Fed's policies would createhyperinflation. By controlling our own money, Thomas Jefferson expected that the government would incur no debt, as had occurred in the European system. Board members have included economists, lawyers, scholars, private equity managers, and longtime public servants in the Fed or the Treasury. Today, if the government runs a deficit, the FED prints dollars through the U.S. Treasury, buys the debt, and the dollars are circulated into the economy. The Reserve Banks are not operated for profit, and ownership of a certain amount of stock is, by law, a condition of membership in the System. (Quoted in Reference 4) Thomas Jefferson stated, "If the American people ever allow private banks to control the issue of currency, first by inflation, then by deflation, the banks and corporations that will grow up around them will deprive the people of all property until their children will wake up homeless on the continent their fathers conquered." When the U.S. government spends more than it receives in tax revenues, it has a budget deficit, which must be met by borrowing more money, which further adds to the debt. Took office: 2018, appointed by President Trump The situation didn'timprove until 2011. Ukraine is the International Deep State Cabal money launderer and that's why in sheer desperation, the bloodline controllers are so willing to push humanity off the nuclear Armageddon cliff in order to protect themselves and their criminal interests from full public exposure and . Over the two-month period of March and April, the US government increased its debt by $1.56 trillion (most of it in April); and over the same two-month period, the Fed bought $1.56 trillion in Treasury securities (most of it in March) and thereby monetized 100% of the additional pile of debt during the two-month period. So is the Fed private or public? Our forefathers believed that the right to bear arms would prevent a takeover of our government. In fact, the Reserve Banks are required by law to transfer net earnings to the U.S. Treasury, after providing for all necessary expenses of the Reserve Banks, legally required dividend payments, and maintaining a limited balance in a surplus fund. The Council on Foreign Relations controls many major newspapers and magazines. All the income is tax-free, except for property tax, according to the Federal Reserve Act. (Reference 1, P. 250, 251) Source: Banking Act of 1935, Hearings before a Subcommittee of the Banking and Currency Committee, U.S. Senate, 74th Congress, 1st Session, on S.1715, May 1935, pp 871-2. InMarch 2022, the Fed announced it would start reversing these purchases to remove money from the economy and combat inflation. ", Congressional Research Service. The second method is: The Citizens allow the bank to print $500 billion in currency (cash). If the economy grows too fast, it triggers inflation. The No. The issuing power (of money)," he said, "should be taken from the banks and restored to the people to whom it properly belongs." 2/21/2023. The FOMC expanded QE purchases to an unlimited amount on March 23, 2020. Communications, Banking Applications & Legal Developments, Financial Stability Coordination & Actions, Financial Market Utilities & Infrastructures. Only the first part has been true this time. Third, the Federal Open Market Committee (FOMC) publishes a statement after each meeting. But the board is actually composed of seven members, all with equal votes. These factors determine either economic prosperity or the lack thereof. Figures are as of April 2021 and do not include the International Monetary Fund (IMF) as a country, or else it would hold the number three spot with 2,814 tonnes. The president appoints theFederal Reserve chair, currently Jerome Powell. Its job is to promote employment and to keep inflation in check, primarily by raising and lowering short-term interest rates. 5 Things You May Not Know About Jerome Powell, Chair of the U.S. Federal Reserve, How the Stock Market & U.S. Household Income Diverged After the 2008 Crash, Watch 2021s 10 Most-Streamed New FRONTLINE Documentaries. 2021, 09:09am EDT . This new currency was to be distributed through the U.S. Treasury and not the Federal Reserve System. When economic growth is slow, the Fed adjusts its policy accordingly and lowers the target interest rate, which in turn spurs Americans to borrow credit at a cheaper rate. The president appoints the Federal Reserve chair, currently Jerome Powell. "We the People" have pushed the following states to pass or introduce legislation calling for an end to the FED: Arizona, Washington, Arkansas, Idaho, Oregon, Indiana, and Texas. On March 15, 2020, the Federal Reserve announced that it would purchase $500 billion in U.S. Treasurys and $200 billion in mortgage-backed securities over the next several months in an effort to stimulate the economy and support financial markets during the pandemic. After previous attempts to push the Federal Reserve Act through Congress, a group of bankers funded and staffed Woodrow Wilson's campaign for President. The Board reports to and is directly accountable to the Congress but, unlike many other public agencies, it is not funded by congressional appropriations. The Federal Reserve is an independent entity established by the Federal Reserve Act of 1913. According to data from the Federal Reserve, in 1990, white households owned 90.7% of household wealth in the United States, whereas Black households owned 3.8% and Hispanic households owned 2.1%.These numbers have changed little over the past 30 years, with white households now owning 85.5% of wealth in 2019, and Black households owning 4.2% and Hispanic . * Rothschilds who control the Bank of England (Like our FED) said that by controlling the issue of money (printing it) you can control the government. FED bankers also profit greatly from economic disasters like the Depression (Reference 22, P. 56). Theres currently one open seat on the board of governors; Quarles could occupy it when his term as vice chair of supervision ends in October. Box 986, Tehachap, CA 93581 (8) $16 trillion in government and private debt, much of which the FED printed and collected interest on (Reference 3) (9) Northpoint Tactical Team, P.O. Those who come from academia often take leave from their teaching or research jobs to join the board for a few years. We are absolutely without a permanent money system. As Congress negotiates over the federal debt ceiling, cries such as "the country is going bankrupt" to "China owns us" have become the norm. To pay for this deficit, the federal government borrows money by selling marketable securities such as . Your local police needs to read this book so they will protect you - not become United Nations Agents against you. These same bankers created a number of American depressions to change the U.S. legislation and seize our wealth. March 01, 2017, Transcripts and other historical materials, Federal Reserve Balance Sheet Developments, Community & Regional Financial Institutions, Federal Reserve Supervision and Regulation Report, Federal Financial Institutions Examination Council (FFIEC), Securities Underwriting & Dealing Subsidiaries, Types of Financial System Vulnerabilities & Risks, Monitoring Risk Across the Financial System, Proactive Monitoring of Markets & Institutions, Responding to Financial System Emergencies, Regulation CC (Availability of Funds and Collection of Some observers mistakenly consider the Federal Reserve to be a private entity because the Reserve Banks are organized similarly to private corporations. President Bidens first nomination to the Board of Governors will come this year, for the vice chair of supervision a role experts imagine he will fill with someone tough on banks. Banks usually follow the Fed's lead, cutting benchmark rates such as the prime rate. Itcan't be traded and doesn't give the member banks voting rights. The wealth of the top 1% increased by $6.5 trillion last year, mainly driven by soaring stock prices and financial markets, according to the Federal Reserve. A new national banking act was enacted and all money became interest bearing again. As of June 8, 2022, the Federal Reserve has a portfolio totaling $8.97 trillion in assets, an increase of $4. "The History of the Debt.". Vermejo Park Ranch, Vermejo Ranch, or Vermejo, is a 550,000-acre (220,000 ha) nature . Status Report of U.S. Government Gold Reserve. Within the first few years, the shareholders of the FED received their initial investment back with no risk. Scott Olson/Getty Images Update:Quarles submitted his resignation to the board on Nov. 8, 2021. It had the same effect as printing money. Box 550, South Holland, IL 60473. The Federal Reserve Bank of New York is one of the 12 Federal Reserve Banks of the United States.It is responsible for the Second District of the Federal Reserve System, which encompasses the State of New York, the 12 northern counties of New Jersey, Fairfield County in Connecticut, Puerto Rico, and the U.S. Virgin Islands.Located at 33 Liberty Street in Lower Manhattan, it is by far the . Over the next year, a selection committee made up of Secretary of the Treasury William McAdoo, Secretary of Agriculture David Houston, and Comptroller of the Currency John Williams decided which U.S. cities would be a place of residence for one of 12 Federal Reserve District Banks. For 20 of those years, he introduced legislation to repeal the Federal Reserve Banking Act of 1913. It also provides detailed meeting minutes three weeks later. Others leave the board to go into the private sector. Member banks also elect six of the nine members of each Bank's board of directors. * England nearly destroyed the Colonies by creating fake Colonial money and hyper-inflation. What Is the Federal Reserve Board of Governors? The IMF and World Bank were central to this "new world order", writes Dean Henderson at The Herland Report and Free21. Infrastructures, Payments System Policy Advisory Committee, Finance and Economics Discussion Series (FEDS), International Finance Discussion Papers (IFDP), Estimated Dynamic Optimization (EDO) Model, Aggregate Reserves of Depository Institutions and the The Company also announced its year-end 2022 reserves figures pro forma for the recently closed acquisition, as well as 2023 operational and financial guidance for the combined company. Both Japan and China want to keep the value of the dollar higher than the value of their own currencies. Presidents Lincoln, Jackson, and Kennedy tried to stop this family of bankers by printing U.S. dollars without charging the taxpayers interest (Reference 4). This means you lose your rights under the Constitution and Bill of Rights. It cannot do that when its leaders are worried about being fired by an elected official. Not one state legally ratified the 16th Amendment making income tax legal. The Federal Reserve was created in 1913 by the Federal Reserve Act to serve as the nation's central bank. Overview. Eg, just a theoretical here, but say an investor heard that and bought Tesla . Board of Governors of the Federal Reserve System via Federal Reserve Economic Data (FRED). Read more: How the Stock Market & U.S. Household Income Diverged After the 2008 Crash. Abraham Lincoln refused and the South accepted. The FED also buys Government debt with money printed on a printing press and charges U.S. taxpayers interest. 2/21/2023. Federal Reserve Board issues interim final rule regarding dividend payments on Reserve Bank capital stock, The Federal Reserve System: Purposes and Functions. "Financial Accounting Manual for Federal Reserve Banks: Appendix B. The difference between the bond and the bill is that the bond lets money brokers collect twice the amount of the bond and an additional 20 percent, whereas the currency pays nobody but those who contribute directly in some useful way. As a last resort, they can also borrow from the Fed's discount window at thediscount rate. Kenan, published by The Noontide Press (2) National Committee to Repeal the Federal Reserve Act, P.O. Purchases or sales of U.S. Treasury securities by the Federal Reserve Bank of New York (FRBNY) are made in the secondary market, or with various foreign official and international organizations that maintain accounts at the Federal Reserve. Randal Quarles, vice chair for supervision, age 63 Surveillance Conspiracy Secret Societies, Electromagnetic Pollution Radioactivity. If you were to add the debt held by Social Security and all the retirement and pension funds, almost half of the U.S. Treasury debt is held in trust for retirement. Dividends. (Reference 4) The late Thomas A Edison explained the matter of issuing currency this way: "If our nation can issue a dollar bond (interest bearing) it can issue a dollar bill (interest-free). There are two kinds of national debt: intragovernmental and public. The FED controls interest rates and the amount of money in the economy. The Fed also receives interest on loans it makes to its member banks. Funding for FRONTLINE is provided through the support of PBS viewers and by the Corporation for Public Broadcasting. The CFR publishes a magazine called "Foreign Affairs." Some people leave to make money. 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